Nishad Singh is an Indian-American computer engineer who worked at Facebook and is best known as the Director of Engineering at FTX Exchange, one of the world’s largest cryptocurrency exchanges. He was accused as one of the culprits in the crash of FTX and its subsequent bankruptcy in 2022.
Contents
Wiki/Biography
Nishad was born in 1996 (age 26 years; as of 2022) in Saratoga, Santa Clara County, California, USA. Nishad Singh was interested in athletics in his childhood; However, he suffered from asthma and could not run fast. He gradually developed an interest in running ultra-marathons and became the second person in the US to complete an ultramarathon under the 30-hour time limit. He took training in athletics from his coach and stepfather Rajiv Patel.
Nishad Singh (right) with his coach and stepfather Rajiv Patel
He completed the Silicon Valley Half-Marathon at the age of 12. He attended Crystal Springs Uplands School in Hillsboro, California from 2009 to 2013. He attended the University of California, Berkeley, where he completed a Bachelor of Science (BS) in Electrical. Engineering and Computer Science with Highest Honors (Summa Cum Laude).
Physical Appearance
Height (Approx): 5′ 8″
Hair Color: Black
Eye colour: black
Family
parents and siblings
His father’s name is Gururaj Singh and mother’s name is Anu Singh. Later they got divorced. Anu married Rajiv Patel on 13 July 2021; Rajiv is the coach of both Anu and Nishad. Anu is also an ultramarathon runner and an active member of Asha for Education, a charity for children from the slums and red light areas of Kolkata.
Nishad’s mother Anu Singh (second from left) and his stepfather Rajiv Patel (far right) with their friends.
livelihood
Nishad started his career working as an intern at Sierra Ventures, where he worked from July 2011 to August 2011. From June 2014 to August 2014, he worked as a software engineering intern at Skyhigh Networks. From June 2015 to August 2015, he worked as a software engineering intern at Box. From May 2016 to August 2016, he worked as a software engineering intern at Facebook. At Berkeley Consulting, he served as a consultant from January 2014 to January 2015, as a project manager from January 2015 to June 2015, as a technical director from June 2015 to June 2016, and as external vice president from June 2016 to December 2016. Worked in. From February 2017 to July 2017, she worked as a research assistant at Berkeley RISE Lab. From August 2017 to December 2017, he worked as a software engineer at Facebook, where he worked on applied machine learning. From December 2017 to April 2019, he worked as director of engineering at Alameda Research. In April 2019, he began working as the Director of Engineering at FTX: a cryptocurrency derivatives exchange. In January 2022, he started working at Staith as an electrical engineer.
Engineering Director at FTX
Nishad Singh knew Sam Bankman-Fried’s younger brother Gabe Bankman-Fried from high school. In May 2019, Sam Bankman-Fried founded FTX (short for Future Exchange), and Nishad became the Director of Engineering at FTX, and Sam established its headquarters in Nassau, the capital of the Bahamas and Nishad Singh is the CEO of Sam & Sam. Lived together in a mansion. Other employees of the company, known as the inner circle. Previously, Sam founded Alameda Research quantitative trading firm in September 2017. FTX was competing with the Binance cryptocurrency firm and grew rapidly. The leading market research firm reported in September 2022 that the majority of Alameda Research’s assets were in FTT, and that FTX was transferring up to $10 billion of funds to Alameda Research. Also, in 2022, Sam had a conversation on Twitter with Binance CEO Changpeng Zhao about his cryptocurrency. In October 2022, FTX tried to raise funds; However, it failed. On November 7, 2022, Zhao tweeted that he was selling his FTT shares, causing FTX prices and shares to decline. On November 10, 2022, the Securities Commission of the Bahamas froze the assets of FTX’s subsidiary FTX Digital, and Japan and Australia suspended the company’s operations in their respective countries. On November 11, 2022, Sam stepped down as CEO, and FTX filed for bankruptcy under Chapter 11 bankruptcy protection in the US.
Press release pic.twitter.com/rgxq3QSBqm
– FTX (@FTX_Official) 11 November 2022
On November 12, 2022, Alameda CEO Caroline Ellison reportedly told other Alameda employees that she, along with Sam, Gary and Nishad were aware of client funds being transferred to Alameda. Nishad, along with Sam and Gary, controlled the code, the company’s matching engine, and funds. On November 14, 2022, the Royal Bahamas Police Force launched a criminal investigation into FTX, and the Department of Justice, the Securities and Exchange Commission and the Commodity Futures Trading Commission launched investigations into FTX’s management of funds. The company’s website did not allow any transactions after it filed for bankruptcy on November 11, 2022. It was reported that Nishad was under surveillance of local law authorities, and he was looking for ways to escape to Dubai as he had no extradition treaty. With America. Rumors also spread that the Ukrainian government used aid given by the US government to buy FTT using FTX, and then Nishad and Sam donated the money to the Democrats; However, Ukraine’s Deputy Minister of Digital Transformation Alex Bornyakov rejected this. He tweeted,
Favorite
- Book: The Omnivore’s Dilemma, by Michael Pollan
- Quote: ‘Age is more a matter of mind than matter – if you don’t mind it doesn’t matter.’
Facts/General Knowledge
- He holds the world record for being the fastest under-17 runner to complete an ultramarathon. He gave a TED Talk at TEDxYouth@MtDiablo in November 2012, where he talked about his experience training for an ultramarathon.
- She won the Ruth Anderson Ultra 50 km (USA) in 2010 and 2012, the Quiksilver 50 km Endurance Run (USA) in 2010 and 2013, the Ruth Anderson Ultra 50 mile – 50 km Split (USA) in 2011, the Ohlone 50 km Wilderness Run in 2011 ( USA). , Run-de-Vous 100 Mile Endurance Run (USA) in 2011 and 2012, Ruth Anderson Ultra 50 mile – 50 km Split (USA) in 2011, and Run-de-Vous 100 Mile Endurance Run (USA) in 2011 and 2012. .
Nishad Singh (in red) with his friends after completing the 100-mile race.
- In 2022, Nishad Singh donated a total of $7.9 million to the public action committees of Democrat candidates. These committees include Women Vote!, Mind the Gap – an organization led by Stanford University academics that uses Silicon Valley funds to support Democratic candidates – and the Senate Majority PAC. In August 2022, he donated $1.1 million to the LGBTQ Victory Fund federal political action committee, which led to further contributions to state senator Becca Balint, who is running for Vermont’s lone seat in the U.S. House of Representatives. After donating he said,
I’m really excited about Balint because she’s a strong advocate for pandemic prevention. Victory PAC wanted to run an independent expense to support Balint, I wanted to empower them to do so. My contribution here was personal and independent of my role at FTX.”
Categories: Biography
Source: vcmp.edu.vn